The complete record.
Talk to the teamIndex of documents.
Ten exhibits, grouped the way you would review any deal. Every file here is open.
Signed agreements are shared privately with each buyer after reservation. The financial model and the assignment paperwork are shared under NDA on request rather than posted publicly.
Led by Edward De Valle II.
Sonesta operates 1,100+ hotels worldwide.
Hotel Collection International structures the offering.
Questions
How does the pre-opening APR work?
Under the current contractual structure:
- No APR accrues while less than 50% of the unit price has been paid and received.
- Once at least 50% has been paid and credited, the applicable APR is 4% annually on amounts actually paid.
- Once 100% has been paid and credited, the applicable APR becomes 5% annually from that date.
- The applicable pre-opening APR continues until the official hotel opening.
How are APR payments calculated?
The Investor Relations (IR) desk is responsible for calculating applicable APR amounts, preparing/uploading owner statements and coordinating the corresponding payments.
When are APR payments made?
APR payments are made quarterly, approximately every 90 days, within the applicable payment period established by the Project.
What happens if the APR payment is late?
If a payment has not been received within the applicable payment period and reasonable processing time, the owner should contact Investor Relations immediately.
IR will investigate the payment status, verify banking or payment information and coordinate resolution of the issue on a case-by-case basis.
What returns are contemplated after the hotel opens?
The current contractual structure provides:
- 10% annually during operating years 1–2
- 12% annually during operating years 3–5
- Projected 8%–15% annually during years 6–15, depending on the Project's operating, financial and commercial performance.
How are post-opening returns paid?
Post-opening returns are paid quarterly/every 90 days, subject to the applicable contractual and operating procedures.
Payments may be processed by Investor Relations or by another qualified third party designated by the Project.
Who assumes the return obligation?
The contractual structure identifies the guaranteed return as an economic obligation of the sellers within the Project's financial and commercial structure.
Is the owner's return paid before the developer receives additional profits?
The Project's commercial structure is designed to prioritize the applicable contractual owner return obligation within the hotel's financial structure.
The precise legal and accounting treatment is governed by the executed agreements and applicable operating documents.
What happens if the hotel opening is delayed?
The applicable pre-opening APR continues until the effective opening date under the current contractual structure.
Pre-opening APR and post-opening returns are successive periods and are not cumulative for the same period.
From the official buyer FAQ by Hotel Collection International. It is explanatory and does not replace the executed purchase agreement.
Sonesta I Q4 2027 · Sonesta II Q4 2028
Own the good life
Send a note and the team will guide you through the documents and the numbers.
Hotel Collection International · Calle Dr. Teofilo Ferry #127, Plaza Rosanta, 3er piso, local 24 B, La Romana 22000, Dominican Republic
Private offer. Projected returns are not guaranteed and do not constitute a securities offering. Seek independent legal and financial advice.